On the surface, the economy of the last two years has been extremely favorable to workers. After spiking to nearly 15% early in the COVID-19 pandemic, the unemployment rate today sits around 3.6%. Despite employers’ urgency to hire, labor force participation has been slower to recover, and the “Great Resignation” has workers quitting at historic […]
The past couple of years have changed the local business landscape, with many small business owners shuttering their businesses for various reasons. It goes without saying that running a small business is not a job for the faint of heart given the long hours, challenges requiring a large toolbox of business skills, and unexpected expenses. […]
The Huntsville Area Association of Realtors has released real estate statistics for the month of June. In tandem with Realtor.com’s recent survey of the national market, these latest reports confirm that, with the pandemic conditions mitigated and new sellers entering the market, the inventory of single-family homes listed for sale in Madison County has more […]
Shane Davis, Director of Economic and Urban Development for the City, compares recruiting businesses to college basketball’s Big Dance. The tournament stokes office and online pools and water cooler talk about busted brackets. Davis previously used the analogy to explain his job to his daughter, who played high school sports. “Competing for industry, to me, […]
It’s easy for small business owners to dream big about the future of their companies, but actually bringing those visions to life can be challenging when it comes to finding investors and mentors. Thankfully, Huntsville is no ordinary city for small businesses when it comes to meeting those needs. Catalyst Center for Business & Entrepreneurship […]
Less than two years ago, as Huntsville’s population began to mushroom, the city didn’t have the structures to handle the business growth that came with it. That’s changed along with the number of residents that continues to rise, making Huntsville the largest city in the state. Recently, the city was named No. 1 as the […]
The U.S. economy today has no lack of opportunities for architects. An ongoing shortage of housing stock contributed to the dramatic spike in housing prices over the last two years, illustrating a need for professionals who can help make design and construction more affordable and efficient. The threat of climate change has increased interest in […]
This is the eighth and final part of a multi-part series that will help prospective entrepreneurs to develop the tools they need for a successful business venture. As your dream business draws ever closer to becoming a reality, it’s time to put the last finishing touches on it and tie up a few loose ends. […]
Sports, arts, and entertainment were not only the highlights of the World Games that began in Birmingham, Alabama this past weekend. Meet ALEX, an immersive, first-hand workforce experience that aims to help personify Alabama’s workforce development. ALEX: The Alabama Experience is a mobile exhibit, featuring a collection of interactive kiosks and informational pieces, as well […]
Shoppers these days are feeling the crunch every time they pull out their wallets–prices of consumer goods and services are rising ever higher from the grocery store to the housing market. At the same time, businesses both large and small are dealing with the fallout from consumers who are becoming more selective in their spending […]
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